On Friday, Pinnacle West Capital earned a positive adjustment to its Relative Strength (RS) Rating, from 69 to 72.
IBD's unique RS Rating tracks technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating of at least 80 in the early stages of their moves. See if Pinnacle West Capital can continue to rebound and hit that benchmark.
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Pinnacle West Capital is building a flat base with a 95.42 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Pinnacle West Capital posted -4% EPS growth in its most recent report. Sales gains came in at 8%.
The company earns the No. 9 rank among its peers in the Utility-Electric Power industry group. Talen Energy, Pampa Energia ADR and Vistra are among the top 5 highly rated stocks within the group.
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